Glaring Concern Over Disney Concert Hall
26 February 2004 - 11:00am
New Los Angeles landmark is causing neighbors' temperatures to rise--literally.
Some nearby neighbors of the new Walt Disney Concert Hall in downtown Los Angeles have noted that their homes are heating up due to excessive sunshine glare off the roof of the Frank Gehry structure. Gehry's architecture firm is looking into the problem.
Source:
USA Today, February 24, 2004
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The decision to abandon a property is a symptom of the loss of confidence. And while abandonment certainly affects confidence among surrounding homeowners, the most important question to answer is not "how do we deal with abandoned properties?" but "what is the most cost-effective way to restore market confidence, and how do abandoned properties fit into that picture?"
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